If you were selling outboard fiberglass boats — or vessels ranging from personal watercraft to small fishing boats and jon boats — the spring selling season probably started to look brighter in March. It particularly helped if you were a dealer in Florida, Texas or North Carolina, three warm-weather states that reported the best sales…more
Marine safety experts are speaking out against an April 1 vote by the U.S. House of Representatives to change a provision of a law Congress adopted in 2010 to make water travel safer. The House passed a Coast Guard reauthorization bill with a provision that will require only newly built ferries and other passenger boats,…more
In a scenario that echoes the deadly Costa Concordia shipwreck, the captain of a ferry that sank off the coast of South Korea on Wednesday is facing a criminal investigation and is suspected of being one of the first people to abandon the doomed vessel. Lee Joon-seok left the ferry on a lifeboat 32 minutes…more
America’s Cup sailor Dirk de Ridder was reportedly suspended from sanctioned events for five years by sailing’s international governing body. Two people with knowledge of the decision spoke to the Associated Press on condition of anonymity because the suspension is being appealed. Unless a review board or the Court of Arbitration for Sport overturns the…more
Last month Beneteau America unveiled a new organization to lead its strategy in the Americas with a single north/south axis. Now Central and South America are under the management of Bruno Gouezigoux, reporting to the Beneteau America office based in Annapolis, Md. “Joining forces in the Americas makes a lot of sense,” Beneteau America president…more
Azimut Yachts is partnering with Indonesian tycoon group H Marine International to create Azimut Yachts Indonesia. Azimut signed a dealership contract with a group of 10 Indonesian tycoons in the industrial and manufacturing sectors, luxury car distribution and property development. The group is led by Hengky Setiawan, owner of a large telecommunications company in Indonesia…more
Hunt Yachts will sponsor the Annapolis Leukemia Cup Regatta, which will be held May 30-31 on Chesapeake Bay. This year marks the 22nd anniversary of the regatta, a fundraiser for the Leukemia & Lymphoma Society that has evolved into an annual sailing race series with more than 40 events in 24 states across America. Yacht…more
MarineMax will hold a conference call to release its second-quarter earnings results at 10 a.m. EST on April 24. The company will release the results prior to the market opening that day. An online replay will be available for a limited time, beginning within an hour after the call ends.